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Microcap & Penny Stocks : Amazon Natural (AZNT)
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To: Little Engine who wrote (23896)9/7/1999 6:38:00 AM
From: tonto   of 26163
 
LE, stock is the story. G&A expenses were very high last year. Some officers and directors had an agreement in place.
Not bad considering the losses and little revenues.

There is this family at FAMH that has done well in the past.<s>

For the year ended December 31, 1998 the Company experienced a net loss
of $4,815,331. The primary components resulting in that loss were: revenues -
$392,061; cost of goods sold - $92,275; operating expenses - $5,120,982; and
other expenses of $(5,865). While revenues increased by almost nine fold,
general and administrative expenses showed dramatic increases. This was
primarily a result of the recording of the sweat equity for shares issued
based on a prior consulting agreement with certain officers and directors of
the company.
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